Adam Smith believed that capitalism would work with no government help.
He also believed that if population increased, then people would face starvation and death.
Smith was convinced that a free market would eventually help everyone, not just the rich.
WHAT IS LAISSEZ-FAIRE ECONOMICS? DEFINE IT....TFLYNN
He wrote and published "The Theory of Moral Sentiments."
Believed in laissez-faire and wrote the book of nations
He also believed that if population increased, then people would face starvation and death.
Smith was convinced that a free market would eventually help everyone, not just the rich.
WHAT IS LAISSEZ-FAIRE ECONOMICS? DEFINE IT....TFLYNN
He wrote and published "The Theory of Moral Sentiments."
Believed in laissez-faire and wrote the book of nations